Independent thinking for complex markets and current events
Denver’s public school system is grappling with an unprecedented challenge as it absorbs an influx of new students, with as many as 250 joining each week since the beginning of the year. School officials attribute this surge to the increase in the number of migrants arriving in the city. Superintendent Alex Marrero expressed the magnitude …
As oil prices face their fifth consecutive weekly loss, a trend not seen since December 2021, the market reacts with nearly a 5% decline attributed to OPEC’s decision to delay their meeting. The reported cause, “production disagreements,” marks a notable crack in OPEC’s unity, the first sign of such strain since the pandemic began. Oil …
The economy is doing great! You mouth-breathing peasants are just too stupid to notice. As economic woes deepen, recent indicators point to a stark reality. Holiday retail hiring has plummeted to its lowest point in half a decade, sounding an alarming note for the economy. Simultaneously, real median household income in the U.S. is experiencing …
by confoundedinterest17 Going down! The US housing market, that is! Federal Reserve Jerome Powell said at the luncheon in New York City that “Inflation is still too high”, meaning that rate cuts are on hold and maybe a rate hike or two may come. According to the National Association of Realtors, • Active inventory declined, with for-sale homes …
A total bloodbath in Treasury notes, bonds, and mortgage-back securities again: Here is a reminder that these instruments account for over 80% of the Federal Reserve's balance sheet. If they were to be reevaluated using a mark-to-market methodology, the Fed's assets could be… pic.twitter.com/x0YNQez2iJ — Otavio (Tavi) Costa (@TaviCosta) September 25, 2023 That doesn’t change …
Since last week, Rossiya 24 has run ads with a montage of Carlson repeatedly saying “Russia” and promising: “The high-profile American presenter is moving to another level. Here.” The ad then cuts to a screen showing a logo: “TUCKER ROSSIYA 24.” https://www.ft.com/content/5e204059-9455-4b77-a5f7-b5d7fd81e48f It looks increasingly like Tucker Carlson is going to have his own dubbed …
We’ve hit an ignominious milestone. 600,000 Excess Non-Covid Natural Cause Deaths Adding ~4,850 per week consistently since Wk 14 of 2021. This is 82% of the avg weekly deaths from Covid during the pandemic. A full-blown echo pandemic underway – and no one cares. However, when we tally all the mistakes from disruption, denial of …
by confoundedinterest17 We are livin’ la vida Bidenomics! The 30-year conforming mortgage rate is currently 7.23%, up 161% under Biden and Bidenomics (code for massive Federal spending on green initiatives that go to large Democrat donors and Ukrainian oligarchs). Meanwhile, M2 Money supply is up 9.4% under Biden. At the same time. home prices are …
by confoundedinterest17 The Talking Heads said it best. Bidenomics is burning down the housing market. Bidenomincs (or trying to recover from Yellenomics) is responisble for interest rates rising to flight inflation and the collapse of mortgage lending. And she was … Janet Yellen. Mortgage demand (applications) decreased 4.2 percent from one week earlier, according to data from …
Rampant inflation has increased the price of a typical weekly family shop by more than a third in just two years, it was claimed today. Analysis of official statistics by the Liberal Democrats suggests prices of a host of staples have risen by 37 per cent since the summer of 2021. Leader Sir Ed Davey …
by confoundedinterest17 “Bidenomics is indeed working!” claims Karine Jean-Pierre. “Cost is going down … wages going up, that is Bidenomics.” Excuse me Karine. REAL weekly earnings growth remains negative as inflation outpaces weekly earnings growth. As of Q2 2023, REAL median weekly earnings growth is a dismal -3.57% YoY. And if you are black, Bidenomics …
by confoundedinterest17 President Jimmy Carter is usually the bar for terrible Presidents. Under Carter, the US experienced economic stagnation and soaring inflation. At least it led to the election of Ronald Regan! So, Biden’s much mentioned Bidenomics have produced REAL MEDIAN WEEKLY EARNINGS FOR MEN that is currently below 1979 levels under Jimmy Carter. Even …
USD has just closed its lowest weekly candle since April 2022 With the break of key support and a bearish MACD cross, downward momentum looks dominant pic.twitter.com/Y7OhawkHjX — Bravos Research (@bravosresearch) July 18, 2023 2-year Treasury yield and USD have significantly diverged Signaling that the Fed has mattered less to the Dollar in 2023 pic.twitter.com/CFsDKmAvYv …
Options traders are loading up on contracts that will jump in value should equities see a big drop NEW YORK, July 12 (Reuters) – Options traders are taking advantage of muted U.S. stock market gyrations to load up on contracts that would jump in value should equities see a big drop, boosting the number of …
by confoundedinterest17 Yes, Resident Biden, our bumbling, corrupt “leader” said “We created more new jobs in two years than any president did in their entire term.” Of course, like almost everything that comes out of Biden’s mouth was a lie. Actually, the US economy added 12.53 million jobs after April 2020 (Trump) while Bidenomics created …
by confoundedinterest17 Welcome to why I am always dubious about Federally-reported economic numbers, like GDP. GDP was adjusted up to 2% QoQ for Q1. But what was the reason for the dramatic revision? Net trade was the biggest change: exports were revised from 0.58% to 0.86%, while imports subtracted only -0.28% from the bottom line …
by confoundedinterest17 I could have used 3 shades of Joe, but 50 shades of Joe sounds better! But the fact remains that Americans are far more miserable under Biden than they were under Trump before the Chinese Wuhan Covid virus was unleashed. 9.03 today (Core CPI YoY + U-3 Unemployment) than it was in February …
by confoundedinterest17 Okay, Joe Biden was generally regarded as the dumbest member of the US Senate and mean-spirited (I won’t repeat podcaster Joe Rogan’s opinion of Biden). Now we realize how brazenly corrupt Biden is (taking bribes from China and Ukraine to influence American poliicies). Not only is Biden an attrocious human being, but his …
Did you know that call options volume in the S&P 500, NASDAQ 100 and Russell 2000 have recently hit all-time highs? And we've just seen all-time highs in weekly tech inflows? Want to learn more? The latest Charts of the Week is now available!https://t.co/IaXDP7KXDc — Markets & Mayhem (@Mayhem4Markets) June 9, 2023 CNN: "It's official. …
Well, this is unusual. On June 5th, someone opened new $COIN $50 weekly puts for $107,000. They were 19% OTM & expired in four days!!! On June 6th, the SEC sued Coinbase, $COIN. Those positions were up 2572%. They turned $100K to millions. Someone always knows. pic.twitter.com/NRtZOqSRZt — unusual_whales (@unusual_whales) June 7, 2023
Migrants demonstrated outside their new hotel accommodation in central London, demanding better Wi-Fi, more financial assistance, and private rooms. Migrants stage pavement protest outside London hotel, demand private rooms and better Wi-Fi Better Wi-Fi, more financial assistance, and private rooms were just some of the demands made by migrants who demonstrated outside the doors of …